Calumet Specialty Products Partners LP (“Calumet”) announces a long-term distribution partnership with SIP Specialty Oils and Fluids (“SIP”).
The partnership will broaden the footprint in the European market for the Calumet range of naphthenic base oils and the growing demand for more supply options.
Calumet has teamed up with SIP Speciality Oils and Fluids to market and promote the product portfolio to industrial markets across Europe. Under the terms of the agreement SIP will market, sell, warehouse, and support the full Calumet product portfolio of naphthenic products with immediate effect.
Calumet also authorises SIP to sell their range of paraffinic base oils, solvents, and esters in the European market.
Calumet International Sales Director John Soanes said “We are incredibly excited about this recent agreement with SIP Specialty Oils and Fluids, as our organizations are very much aligned in our goals and values. We look forward to providing customers in Europe with our high-quality naphthenic base oils leveraging the excellent reputation of our new partner, SIP Specialty Oils and Fluids”
Tobias Tasche, Managing Director of SIP said “SIP is delighted to have reached this agreement with Calumet. We see an increasing interest from our customers in supply security for naphthenic oils and a keen interest to diversify their supplier base for this product segment, and with our thirty years of experience in EMEA we are well placed to support these customers. We have our own in-house technical and logistics teams to support the introduction of this product portfolio and we look forward to achieving great success in the European market together”